Commerzbank has announced the strengthening of the Board of Managing Directors. Thomas Schaufler, currently Board Member for Retail Banking at Erste Group Bank AG in Austria, will take responsibility for Private and Small-Business Customers at Commerzbank on 1 January 2022. Currently, Sabine Schmittroth is responsible for this segment. The appointment of Thomas Schaufler to the Board of Managing Directors is still subject to the usual approval by the regulatory authority.
The Supervisory Board has also appointed Dr Jörg Oliveri del Castillo-Schulz as the new COO on the Board of Managing Directors. The appointment of Jörg Oliveri del Castillo-Schulz is still subject to the usual approval by the regulatory authority. Once this approval has been granted, he will succeed Jörg Hessenmüller, whose appointment as Member of the Board of Managing Directors at Commerzbank will end at the latest on 31 December 2021.
The Chairman of the Supervisory Board, Helmut Gottschalk, commented as follows on the new appointments, “The newly formed Board Team combines a long track record of management experience with great depth of specialist expertise and furthermore secures the necessary focus for implementing Strategy 2024.”
CEO Manfred Knof added, “The task now is to develop our full potential as a team and to consistently transform Commerzbank further – to become THE digital advisory bank in Germany, which stands for customer centricity, sustainability and profitability.”
Chairman of the Supervisory Board, Helmut Gottschalk commented, “We would like to thank Jörg Hessenmüller for his commitment as a Board Member and for his many years of cooperation at the Bank, with broadly-based management responsibility. We would like to wish him all the best for the future.”
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